Latest / Home Service Millionaire with Mike Andes / Lee Got Called Out in The Comments | C. Suite 113
Transcript
- 0:00Oh, I thought I thought we wanted to talk about your first hater online to my hater.
- 0:03I appreciate you.
- 0:04I love you.
- 0:05I have no problem with it.
- 0:06You can you could say you hate me.
- 0:08It's fine.
- 0:09I still love you.
- 0:10I'm going to work hard.
- 0:11I'm going to be good to you because, you know, there's no reason to be a hater.
- 0:16Ninety eight percent of the content out there is actually made for that person because that is ninety five percent of the market.
- 0:22And so when I talk to 5%, I know my views are down.
- 0:25I know that bombs our channel.
- 0:26You cannot just be positive and work hard and keep me, Liz, the Marcus's, the Nick's, the Brad's, all these people have stuck with you for years by just being positive and working hard.
- 0:36You had to change as a leader.
- 0:37You had to push me.
- 0:38You had to have more direct conversations with me.
- 0:39We had to implement systems, P4P, Yellowslips, whatever it may be, compensation programs.
- 0:44You had to adapt your leadership skills.
- 0:46I want to alleviate the pain that usually has taken three years for someone to figure out leadership and compress it down to a year that they usually experience between one and two million.
- 0:54I want this to be like the home service Illuminati.
- 0:56Somehow you flatline at 2.4 for three years.
- 0:59Then all of a sudden you went to 12 million.
- 1:01I'm assuming that means we're recording.
- 1:02Yeah, we are.
- 1:03Yeah.
- 1:04Sorry.
- 1:06That's a good open.
- 1:07Welcome back to another episode.
- 1:08The C-Suite Unfiltered with my candies.
- 1:10How are we doing, sir?
- 1:11Fantastic.
- 1:12Awesome.
- 1:12Well, here's what I want to do today.
- 1:14I want to start.
- 1:15Just a MyCandies fun fact.
- 1:16Fun fact.
- 1:17Yeah, just like something.
- 1:18Let's go recent fun fact.
- 1:20Okay.
- 1:20Something that you did with Brianna, something that you're recently into, something that you... Just like a little tidbit about MyCandies.
- 1:28Okay.
- 1:28So recently, I have moved my sleep schedule again.
- 1:32Oh, here we go.
- 1:33Perfect.
- 1:33I've been going really late and then waking up a little bit later.
- 1:38And so Staying up later in the PM So what happens is I leave work Usually the office around 4 to 5 And so I've been recently Taking a nap and then a cold plunge In the evening which then gives me The energy until very late That's new What are you doing in the cold plunge?
- 1:57Like after you leave the office?
- 1:59I go home, take literally a 10-minute power nap, hop in the cold plunge, and dude, lights on.
- 2:04Okay.
- 2:04It's great.
- 2:05And then you're going to bed, what, like 10, 11?
- 2:09That's when I go to bed with Brianna, and then I stay, and I keep working.
- 2:12Okay, cool.
- 2:13I respect that.
- 2:15I can't do naps.
- 2:16You can't mess me up.
- 2:18Really?
- 2:18I've never.
- 2:19I can't sleep for a while after.
- 2:21That's what it gives me.
- 2:22Yeah.
- 2:22So for me, like naps, I always feel groggy.
- 2:25Really?
- 2:25It doesn't matter time of day.
- 2:27I feel great.
- 2:28I wish I could.
- 2:29So like Sarah, my wife loves a good nap and she bounces right back.
- 2:33She's like, I got energy.
- 2:34I'm ready to go.
- 2:34I take a nap and I'm like groggy.
- 2:36I'm not a nap person.
- 2:37Interesting.
- 2:38Yeah, I just can't do it.
- 2:39I don't know what it is.
- 2:40Wired differently.
- 2:41Anyways, well, there you go.
- 2:42Those are my candies fun fact for you.
- 2:43Dude, if you pair it up, though, with caffeine and a cold plunge, bro, you come out of that.
- 2:49That's what I've heard.
- 2:50I'll pound a Jocko, go home, take a five, ten minute nap, hop in the cold plunge.
- 2:55Dude.
- 2:56I am good to go for 10 more hours.
- 2:57I would do that in college.
- 2:59You have like a little espresso or a cup of coffee.
- 3:01Then you nap.
- 3:02I would do that in college.
- 3:03That sometimes works.
- 3:05But now I have this like, because now I have to work when she's sleeping and she doesn't like me to get out of bed.
- 3:09So like I have to very much plan what I can work on where I don't have to like talk.
- 3:13I don't have to do anything loud.
- 3:14I don't have to listen to anything.
- 3:15You need like, um, like, you know, like everyone has like the screen arms, kind of like these mic arms that people like screen arms.
- 3:21You need that on like the headboard of your bed that you can just like, shh, shh, shh,
- 3:26a little button there we go anyways I love that fantastic alright well there's your my candies fun fact to get started a little lighter to get the day started here with the C-Suite unfiltered but I want to talk about the home service boardroom oh I thought I thought we wanted to talk about your first hater online
- 3:42Oh, gosh, I could care less.
- 3:44Genuinely, I heard couldn't care less.
- 3:46That's the proper term.
- 3:47What was it?
- 3:47Oh, yeah, this big, long thing of saying you talk to...
- 3:51I beat a dead horse.
- 3:52That's fine.
- 3:52Oh, okay.
- 3:53Like, honestly, I'm like, that's fair feedback.
- 3:55So whoever you are...
- 3:56Thorough.
- 3:57I'm thorough, yes.
- 3:59I also...
- 3:59It was fair feedback.
- 4:00If you saw the comment, like, genuinely doesn't bother me.
- 4:02I take it as criticism in a positive way because...
- 4:05You are the viewers, so the viewers' attention kind of dictates what the content is, in a way.
- 4:11And so there are elements where maybe I beat a dead horse or I'm too thorough.
- 4:15But I also don't want the C-suite unfiltered from its inception was to show you in a different light.
- 4:19It was never to be just a Q&A.
- 4:21Like, oh, that's Mike's opinion.
- 4:22Let's move on.
- 4:23That's Mike's opinion, but does he actually believe that?
- 4:25Or I'm going to press from a different angle.
- 4:27So, yeah, to my hater, I appreciate you.
- 4:30I love you.
- 4:31We've got to put the comment up.
- 4:32I hope the editors put the comment up.
- 4:34I have no problem with it.
- 4:36You could say you hate me.
- 4:37It's fine.
- 4:37I still love you.
- 4:38I'm going to work hard.
- 4:40I'm going to be good to you because, you know, there's no reason to be a hater.
- 4:44Welcome to the club.
- 4:45Well, thank you, sir.
- 4:46Appreciate it.
- 4:47I know.
- 4:47Honestly, sometimes when you post a controversial video, I'll say this.
- 4:51Guilty pleasure of mine as I scroll all the way to the bottom of the comments.
- 4:54Yeah, that's right.
- 4:55I'm like, when Mike posts something controversial, I'm like, I want to see what the haters are saying.
- 5:00I just want to see what they have to say.
- 5:02The recent Texas announcement was overwhelmingly positive.
- 5:05But then there's this one person that comments is like, Texas has no freedoms and like just going hardcore.
- 5:11And it was.
- 5:12Yeah.
- 5:12Well, we don't get political on this podcast.
- 5:14No, never, never, never, never.
- 5:15All right.
- 5:16So you launched the home service boardroom.
- 5:18This is a school community.
- 5:20So I don't want to talk about school as a whole.
- 5:22I know we've kind of loosely danced around it.
- 5:24We never really talked about like school as a whole or the program or Hormozy's involvement in school.
- 5:30I want to talk specifically about you launching your community, focusing on that, not on school as a whole.
- 5:34So you launched the Home Service Boardroom for a million plus annual revenue home service business owners.
- 5:40You already created a ton of free content.
- 5:42You have Augusta.
- 5:42We've got the command center here.
- 5:44We have Home Service Millionaire channel that this is on.
- 5:47You have all your other podcasts with JP and everything that you're doing.
- 5:50You have your conferences, like tons of free stuff, courses, landscape business course, everything.
- 5:56With everything else you're building, why did this group need to exist?
- 5:58Yeah.
- 5:59Yeah, so it needed to exist first and foremost for Augusta Nation owners that are growing a bigger business or multiple locations.
- 6:06And I've seen that as a weak point inside the system is we have no leadership training.
- 6:12And so as much as it's like, hey, here's a book on leadership.
- 6:15It's like implementation of that.
- 6:18There are so many good books about leadership.
- 6:19And if you just incorporate all of them in your business, you would not need home service boardroom.
- 6:25The bottom line is most people, kinda like fitness and exercise, they still get a coach.
- 6:30The best of the best, still get a coach.
- 6:32And it's because you need the accountability and for someone else to hold your feet to the fire to actually implement things, and that's just human nature.
- 6:39And so for larger business owners to be able to be together from different industries is really important.
- 6:44So in a way, I needed to create an environment where owners of Augusta
- 6:48could get in around other industries.
- 6:50So for example, we already have like private security in there, like gates and gate systems.
- 6:56We have gutters in there, cleaning companies in there.
- 7:00There's a ton of different industries for them to get ideas and see the world through a slightly different lens, but still through a home service lens.
- 7:08And so I'm actually trying to create the environment that I need
- 7:12larger operators inside of Augusta to be inside of, to be able to learn the skills of leadership beyond me just like standing up in front of me like, all right, do this, and then do this, and then do this.
- 7:21That works for some people.
- 7:22And when it comes to tactics, that is useful.
- 7:24But when it comes to changing your behavior,
- 7:27a lot of times you need accountability.
- 7:29And if you're trying to change the way you communicate, change the way you're perceived, change the way that you lead, it requires repetition in front of, and then like, okay, no, change that.
- 7:40Okay, switch, change that.
- 7:41Okay, do this different.
- 7:42Okay, do it again.
- 7:43Like that is required.
- 7:45And we know that conceptually for crew members when we're training them, salespeople when we're trying to get them on a script.
- 7:49But when it comes to leadership, it's like, oh, here's a book, read it.
- 7:52And so I'm trying to create this environment mostly for Augusta owners.
- 7:56And in order to create it really solid, I need other industries in there.
- 8:00And so there's been these two things that I've been really trying to juggle.
- 8:04One of them is I need to give better leadership training for Augusta owners.
- 8:07The second is,
- 8:08People that are outside of a struggling business or outside of lawn care and landscaping, I've never been able to serve them.
- 8:16There's nothing I have for them.
- 8:18And I've gotten a lot of feedback around this and I don't want to do any more coaching.
- 8:20So like there's no more availability one-on-one coaching with me because I'm like, it's not a good use of my time.
- 8:25But if I can spend that one hour a week parsing it out for 50 or 100 other owners, like I can make sense of that.
- 8:32And so...
- 8:34And if I can do it in a way where it brings really high quality people together for Augusta owners, that I see as a win-win.
- 8:40Because if you, in the past, I can come out, fly out to your business and help you if you're struggling, like for a turnaround show.
- 8:46If you're not struggling, we know the views are nothing.
- 8:49Who cares?
- 8:50So like that I can't bring the whole media team and like draw into a six, eight week production in that.
- 8:55Secondly, if you're not in long care landscaping, you're not going to get join Augusta.
- 8:58Like you're not going to ever see me on a live call or ask Q&A.
- 9:01And then when we've done round day or the what's it called?
- 9:05The confession booth.
- 9:06We have tons of people in the queue and it fills up and I get to maybe 10 people out of 100.
- 9:10Yeah.
- 9:10And so it's been the most effective way to get really high quality people in a room.
- 9:16It's very valuable for Augusta owners.
- 9:18And then it is also allowing me to be able to help people that are wondering why they have a profitable business that's doing 2 million revenue, but they just keep beating their head up against the wall and they can't keep growing.
- 9:28Like, I was growing and growing and now I'm like plateaued.
- 9:30It's like someone joined the other day.
- 9:31Like, wow.
- 9:32They've been plateaued at $2.4 million for three years.
- 9:35And the unlock will be leadership skills.
- 9:38It will not be the next marketing hack.
- 9:39It will not be the next branding thing.
- 9:41And I now see all their P&Ls coming in.
- 9:43So I can see they spent $100,000 plus on Facebook ads.
- 9:47And that's not their constraint because that number has been going up the past three years, but their revenue has stayed stalled out.
- 9:52And it's because they have not been able to track the type of manager that is required to go from $2 million to $10 million.
- 9:57Yeah.
- 9:58And so I had to learn a lot of these skills the hard way going from two to 10 million.
- 10:03And so I'm just trying to break them down.
- 10:04And along the way, the last like five years, I've documented a lot of these things and just like made Google Docs on them.
- 10:10And so I'm just basically taking a lot of those notes, I clean them up and I'm presenting those to the team or to the boardroom and I'm doing it once per month and then putting a challenge behind it.
- 10:19So the challenge part to me was really important.
- 10:22And that is like, I do not want to give you information, I want to see behavior change.
- 10:25And I want you over the course of 12 months to have 12 challenges and 12 different topics that we go over.
- 10:30And by the end, you have evidence that you have you have changed your behavior.
- 10:34And so that's really what I'm leaning into.
- 10:36Cool.
- 10:36Two things I guess I would pick from that answer.
- 10:39The first being feedback loops.
- 10:42It's kind of my mental cue.
- 10:43The second being focusing on the leadership skills, but also opening it up to the public because you didn't have something for people not in lawn care and landscaping, and that just won't join Augusta.
- 10:52There are people that are high-performing business owners.
- 10:54I've had calls with them.
- 10:55I've had calls to some of you that are like, hey, it does not make financial sense for me to join Augusta.
- 10:59I love Mike, love what you're doing, but I'm focused on X, Y, or Z industry.
- 11:02So feedback loops, what you're saying is a group like that is appropriate feedback loops.
- 11:07It's not a one-off conversation with an upset employee.
- 11:10It's not a YouTube hater comment.
- 11:13It is constructive criticism.
- 11:15It is, here's a challenge, do the challenge, and then we will, as a community, give you positive feedback.
- 11:21We will help you become a better leader.
- 11:23We will help you understand how to communicate more effectively.
- 11:26You're just not taking the current feedback loop of...
- 11:28Hmm, I think my team doesn't like the way I communicate, but I don't know how to better communicate.
- 11:34Does that make sense?
- 11:34You're looking for that feedback loop for these business owners.
- 11:37And for a lot of us, once we've built a seven figure business, we've been in business for five, 10, 15 years.
- 11:42We actually don't even know what good leadership looks like if we don't have it ourselves.
- 11:46We don't have the skill.
- 11:47And so first off, you have to have the humility to know that you can improve in leadership.
- 11:51And it is a skill worth learning.
- 11:53Yeah.
- 11:54By people joining the community, they kind of opt into the fact that they know they need to learn.
- 11:58So like you already have that kind of self-selection of someone who's willing to join a group about leadership understands they have a deficiency or they can improve their skills.
- 12:06The second part is then being able to see it modeled and see what good looks like.
- 12:10And for a lot of entrepreneurs, the reason that we struggle with this once we hit one, two, three million is we haven't been employed by a good boss ourselves.
- 12:18And so we haven't actually seen it modeled in front of us.
- 12:20And for a lot of business owners that hit one, two, three, they're the biggest business owner they know.
- 12:26And so they don't even know how to judge themselves because everyone there on Facebook groups or even their competition is 300,000, 400,000, 500,000.
- 12:33That's a very different leadership style or what it looks like to be good at leadership at that size.
- 12:39Because leadership by example at that size is the way to go.
- 12:42But that's not going to get you to 10 million.
- 12:44Like leadership by example and like just let me demonstrate this in front of you.
- 12:48Might work for five, 10, 15 employees, but not at 50, 100 employees.
- 12:51And so...
- 12:53A lot of them do not have any frame of reference.
- 12:56They have not seen a good boss because they haven't been employed by anyone for five or 10 years.
- 13:00And the skills that they have developed are simply a function of what has worked in the past.
- 13:06And what has worked in the past will not work in the future if you're scaling.
- 13:10And I learned it just like so hard, like the most brutal way and like had to change my mindset about stuff, how I communicate and all the rest of it.
- 13:17And so I'm hoping to break a lot of those concepts down so it took me maybe three to five years, they can get done in 12 months.
- 13:21Mm-hmm.
- 13:22Yeah, I really like what you said there because I'm thinking about my own personal journey as a leader and as someone who you entrusted to manage your original location was I saw leadership modeled by you and Liz.
- 13:32And so I was like, OK, I just want to copy that because they are good leaders.
- 13:35They have treated me well as someone who is a steward of their leadership.
- 13:40And therefore, I want to exemplify the traits that I saw in you and Liz.
- 13:43But I also had to learn it myself where I like distinctly have this like core memory of one of the times I was leading and I had some issues with the crew and I was explaining it to you in one of our weekly meetings.
- 13:52I was like, well, this is kind of happened.
- 13:53And this was this was like their body language.
- 13:55And this is whatever.
- 13:56And you your reaction was, that's bad.
- 13:58And I was like, I couldn't see it because I hadn't had that experience.
- 14:03And you were an objective opinion.
- 14:05That was like, the way you just described that situation to me with those employees is a bad situation.
- 14:09We need to fix it.
- 14:09And here's what you need to do.
- 14:11And that was you stepping in, giving me that.
- 14:13Oh, was that when there was cultural...
- 14:15It was before that.
- 14:16Like it was way before that.
- 14:17It was like a mini issue.
- 14:19When you were GM?
- 14:20Yeah, when I was GM.
- 14:20So I was the GM.
- 14:21Yeah, yeah.
- 14:22So you wouldn't remember.
- 14:23It wasn't a big deal.
- 14:24Like it wasn't something that it was something that could have snowballed and been really bad.
- 14:29But you stepped in and identified that's bad and here's what you need to do to fix it.
- 14:33It was a cultural soft skill thing with leadership that I was like,
- 14:36well, I'm leading based on the data.
- 14:38Like this is a data-driven decision and I'm making this decision.
- 14:41I'm having these conversations because this is best for the business.
- 14:44And you were like, that might be rightly, but this situation you just described to me as is, is a bad situation.
- 14:49And here's what you need to do to navigate it.
- 14:51And so that's what you're saying.
- 14:52You're kind of opening that door.
- 14:53We're like, okay, people maybe could watch YouTube videos of you, see, you know, you, your leaders practice those skills, but they need that corrective action, that focus, that group pointing them in the right direction.
- 15:06Yeah, I think when it comes to what we demonstrate or what we consider a good leader, we can only have a frame of reference.
- 15:13So whether it be pastors, parents, other leaders in your community, whether you're nonprofit or businesses, that's what you consider yourself as and compare yourself to when you say, are you a good leader?
- 15:26But if you've never seen what good looks like and you came from a boss you didn't like, boss you never got along with, and you're like, I'm gonna go do my own thing, but you've only seen a bad boss, you're gonna probably feel like you're doing a pretty good job.
- 15:37But in reality, you cut people off, you have huge amounts of churn, you start growing to the point where every manager leaves after six to 12 months.
- 15:45Why is that happening?
- 15:47And for a lot of people, they understand, okay, yes, it's a leadership problem, but then they don't know where the next step is.
- 15:51Why?
- 15:52What do I need to change?
- 15:53I want to change, but I don't know what to do.
- 15:55And I think that's hopefully the thing that I want to demonstrate in front of the owners.
- 15:59As I'm watching through the video with Lee, I realized one of the biggest questions wasn't answered.
- 16:03And that is, how do we do the revenue verification?
- 16:07When you join school, you'll immediately get a direct message from me and you'll just need to submit your profit and loss statement that shows at least $80,000 in monthly revenue.
- 16:17Or if you want to show a whole year, it needs to be over a million.
- 16:19So one of those two things have to be true.
- 16:22And we do this just to increase...
- 16:24the quality of the group and the conversations that are being had.
- 16:27And it's not beginner stuff.
- 16:28It is certainly focused on leadership.
- 16:30So I just want to answer that because that's one of the main questions I get about joining the group.
- 16:35So join the day because at 50 members, I am going to be increasing the price.
- 16:39And that's only going to be two new members.
- 16:42At the time I'm recording this, there's eight more spots available.
- 16:44So get in now and I look forward to seeing you inside the boardroom.
- 16:47Well, cool.
- 16:48We'll jump to a different question here.
- 16:49We could really drill in on that.
- 16:51But I want to ask more about the group kind of zooming out a little bit.
- 16:54Like why specifically build this for owners doing that million plus?
- 16:57Is it specifically because of leadership?
- 17:00Is there specific advice you can give to them versus people under?
- 17:03The rich only get richer.
- 17:04Yeah.
- 17:04Yeah.
- 17:06The comments hate.
- 17:06Late stage capitalism.
- 17:07Yeah.
- 17:07They're like, you're only hoping the people have money.
- 17:10It's like, no, there are like thousands and thousands of videos.
- 17:14So let me give you the chance to explain that.
- 17:15Is it this is some of the notes I had?
- 17:18Is it changes at that stage that make like the advice different?
- 17:21The problems are different.
- 17:22The community needs to be different.
- 17:24And I'll let you define that.
- 17:25But those are like some thoughts that I had.
- 17:26It's like, it's different advice.
- 17:28It's different people.
- 17:28It's a different community, different problems.
- 17:30Like why specifically are you making that the threshold?
- 17:33Like you cannot get into the club unless you meet this requirement.
- 17:36Because leadership looks different at that size.
- 17:39Leadership at 200,000 is go out and do more work.
- 17:42Like put your big boy pants on and grind and hustle.
- 17:46And when you get your first employee, demonstrate to them what it looks like by working your face off.
- 17:51And you just do more door hangers
- 17:53upsell them more times, make more phone calls and work more hours.
- 17:57And as much as you want to get around that and be like, I need a leadership training.
- 18:00No, you don't.
- 18:01You need to lead yourself.
- 18:02Like you need to go out and work and hustle.
- 18:05And then when you get your first employee, be with them all the time and demonstrate what good looks like as a technician.
- 18:10And
- 18:11So having that person in the group, they would learn the wrong skills at the wrong time.
- 18:17And I will also say that 98% of the content out there is actually made for that person because that is 95% of the market.
- 18:25And so when I talk to 5%, I know my views are down.
- 18:28I know that bombs our channel.
- 18:29It hurts my media team because we need to make money.
- 18:32And so in a way it's selfish in that I know that the content I'm sharing in this community would bomb my channel and a four hour video about marriage is not gonna do great on a Mike Andes video.
- 18:43And so that's part of it.
- 18:45Part of it is if I give that information to someone who's just getting started, that's actually the wrong information.
- 18:49What they need to know is work harder, do more hours.
- 18:53get better at doing your follow-up phone calls.
- 18:55And that's the stuff I have made 5,000 videos about and have tons of free content about.
- 18:59And so my objective now, like how I've framed it is like, I will do everything possible to make as much free content as possible, free tools as possible to get you from zero to a million.
- 19:07Once you're past a million, I need to actually get you in a community of very tight-knit other owners that are in the same size because...
- 19:16A $200,000 operator does not understand the problem that a $3 million operator is going through.
- 19:20They don't.
- 19:21They've never seen what 10 employees walking into your office and quitting at the same time feels like.
- 19:26And so I will also say that everyone thinks that someone who has a $2 million business somehow has it made.
- 19:33Like, why are you helping people that make more?
- 19:35I get to see every P&L of people that come in now.
- 19:37And so the other day, I saw someone doing over $5 million in annual revenue and losing a lot of money.
- 19:45And so as much as people would say, oh, this person is so successful, why would you help them more?
- 19:50No, they're still struggling.
- 19:52And just because the revenue is high does not mean they have figured out management.
- 19:55And you can tell in their P&L that there's churn in the mid-level manager.
- 19:59There's a bunch of reasons how you can tell that, especially when you look at the amount of overhead salaries and several other things.
- 20:06Yeah.
- 20:08When you see that, there's still pain.
- 20:11It's just hard for that person to go describe to their peers that I'm still going through pain as an entrepreneur, as a leader, even as a business owner where it comes to financially because you're the biggest guy in the room.
- 20:22And for a lot of these people joining, they are the biggest business owner that they know.
- 20:26There's no one else.
- 20:27And so everyone around them thinks they're doing well.
- 20:30And that's a very hard place to be because you can't say, actually, I'm struggling.
- 20:34Right?
- 20:35Because none of the people around you actually have the answer or the solve for the situation you're going through.
- 20:40And so I'm trying to create an environment where those people, it's safe to be like, hey, I'm struggling.
- 20:45I cannot get a manager to stick with me for more than six months.
- 20:48I'm losing money, but I don't know a single person on my network that's making as much as me in terms of revenue.
- 20:54And they all think I'm doing really good.
- 20:56And that's like a weird place to be.
- 20:58It's just as painful in a different way as being the operator that's physically stressed in your mind because you're working seven days a week, 14 hour days.
- 21:05It's just a different type of stress.
- 21:07And I think everyone gives credence to the person working their face off because it is physical stress.
- 21:12But the psychological stress that comes along with a seven, eight figure business is a different form of stress.
- 21:18Like no one's gonna complain about me sitting at my computer.
- 21:21I joke with Brianna all the time.
- 21:22I'm like, yeah, I'm really stressed out.
- 21:24I've been sitting at my computer all day long.
- 21:26However, it is a different type of stress that needs to be dealt with.
- 21:30And because we, in blue collar world, a lot of times we'll put on a pedestal the sweat that comes along with growing when you're smaller and the equity of growing the business, boots on the ground, doing the work, working hard...
- 21:45We have a hard time actually putting into words the stress that comes along with sitting at a computer trying to balance numbers, sitting at a computer wondering why you can't get managers to stick with you, sitting at a computer wondering why you're spending six figures on ads, and that keeps going up, but your revenue is flat.
- 22:00We have a hard time being able to sympathize with that person, and that person has a hard time being able to get the answers they need because everyone in their circle sees them as the most successful person.
- 22:12Mm-hmm.
- 22:14Yeah, I'm even thinking about you as my leader, right, as my direct manager and CEO.
- 22:20When I joined, you hired me the year you broke a million in annual revenue.
- 22:24So that was the first year.
- 22:25Was it really?
- 22:25Yeah, the first year you did like 1.1.
- 22:27So it was like the year or two after accident?
- 22:29Year after accident.
- 22:29It was right up.
- 22:30Yeah, it was a year after the accident.
- 22:31So I didn't know about the accident.
- 22:32Like I found out about it later.
- 22:34But anyways, I joined the fall.
- 22:36You broke like one one million.
- 22:38You did one point one million.
- 22:39And while you were talking, I was like, yeah, I remember like having conversations with my friends and my then girlfriend, now wife that before you told us before I told you guys, it was an offsite lead drop.
- 22:51So there's this girl in Tennessee.
- 22:53I think we're going to get married.
- 22:54The Southern girls just get us.
- 22:57So I remember like to stick to been like, yeah, like this guy, like he's positive.
- 23:01I think he cares about me.
- 23:02And like, I could tell you worked hard.
- 23:04And so I was bought in because you were a better manager than any other manager I'd had previous.
- 23:08I was like, you're positive.
- 23:09You care about me.
- 23:09You work hard.
- 23:10That got you to a million.
- 23:12You cannot just be positive and work hard and keep me, Liz, the Marcus's, the Knicks, the Brad's, all these people have stuck with you for years by just being positive and working hard.
- 23:21You had to change as a leader.
- 23:23You had to push me.
- 23:23You had to have more direct conversations with me.
- 23:25We had to implement systems, P4P, Yellowslips, whatever it may be, compensation programs.
- 23:30You had to adapt your leadership skills.
- 23:32So to your point.
- 23:33Even the person that maybe is at 200,000, quite literally, you can get to a million by just working harder and like being positive and caring about your employees.
- 23:41You really can.
- 23:42It's once you cross that threshold that the stress changes.
- 23:45As you talk about with the owners in Augusta, it becomes a more financial and a more psychological stress.
- 23:50And I think that's really cool that you're leaning into that because, you know, we really believe here at Augusta, like a lot just comes down to the way someone leads.
- 23:57So I want to pivot a little bit from the specifics of like where the group's at today, the inception of the group and talk about like what you hope this group for this group to become, because I know you don't really nowadays, especially in your entrepreneurial career, you don't launch new ideas or concepts without thoroughly thinking through the long term.
- 24:15Like you've gotten better at that.
- 24:17And I think I'm sitting here like, what do you hope this group becomes in three to five years?
- 24:22Yeah.
- 24:23For three to five years is different.
- 24:25So three to five years, I would say I would want to see this as what I call Augusta 2.0, which is most people join Augusta if they don't have an existing business that's already doing seven, 800,000.
- 24:36They join because they want to grow to a million.
- 24:39Great.
- 24:39And if that's all you want to do, fantastic.
- 24:41But if you want to do a second location, I need to train you up in leadership.
- 24:44And so I see Augusta 2.0 is like, if you want to get here,
- 24:48I have a roadmap for you to improve your skills because it's going to be what is required to actually have multiple locations.
- 24:54And so when we talk about having multiple locations or multi-unit operators, I was like, great, just do it again.
- 25:00And I forgot one thing.
- 25:03the way you will lead and manage has to completely change.
- 25:05And so I have seen that be the constraint for many of our operators and owners inside of Augusta.
- 25:10And so I'm doing my best to solve that because it's a soft skill that's very hard to train, very hard to measure, very hard to quantify.
- 25:17And, and,
- 25:18I've always stuck to close ratio, number of leads.
- 25:21We've always tracked that stuff.
- 25:22Call rate, percentage of what we pick up before eight seconds, all these things.
- 25:26But I never thought about the fact that as soon as you do a second location, as soon as you have a mid-level manager, if the leader's not ready for it, you can keep doing this over and over and over and over again, but if they have not changed their behavior, it's gonna keep failing.
- 25:38And so I'm taking a hack at that.
- 25:39I believe that I would like it to make it where people that are at six, seven, 100,000, they're like, I wanna get in that group, and there's something to aspire to get into.
- 25:47And that it's not this blank canvas of like, hey, like once you get the size, like good luck, you're doing great.
- 25:54Just do it again.
- 25:55When in reality, I know that doing it again means you need the mid-level managers.
- 26:00You need them to stick with you for the long term.
- 26:02You need comp models that work well for those managers.
- 26:05And that needs to be a skill that many times is honed through seeing other perspectives, other industries, and other owners that have done it many times.
- 26:14I think some of the best...
- 26:15The best takeaways will come from people outside of lawn care landscaping that are doing something adjacent to us that they can learn from.
- 26:24And so in three to five years, I would say I would want it to be a place where Augusta owners know they can gain the skills required that they do not have when you're growing a smaller business, when you've worked for bad bosses your whole life, gain those skills so they can keep scaling.
- 26:37And there isn't this hard work
- 26:40I want to alleviate the pain that usually has taken three years for someone to figure out leadership and compress it down to a year that they usually experience between one and two million.
- 26:48That would be like the three to five year goal for the group.
- 26:51The long term vision is like I want this is going to be taken out of context.
- 26:54So here, let's clip it.
- 26:56This wants to be the home.
- 26:57I want this to be like the home service Illuminati.
- 26:59It's like this group that everyone just knows if you've been in home service boardroom, this takes a while to build out this reputation, like you're just an absolute savage.
- 27:08You stay inside this club, and if you're in the club, everyone wants to know what's going on inside the club because everyone grows.
- 27:15Somehow you flatline it at 2.4 for three years, then all of a sudden you went to 12 million.
- 27:19I want that.
- 27:20I want that as reputation of just like this absolute Illuminati.
- 27:25That's what I want it to be.
- 27:26Like the Navy SEALs of the home service industry.
- 27:32If you can get into it, it's like your ticket to be able to come the leader that is required to get to 10 million plus.
- 27:38And I just want example after example after example.
- 27:40Like they were at 2 million.
- 27:42Five years later, 12 million.
- 27:43They were at 1.4 million.
- 27:45Five years later, they're at seven million.
- 27:47Like, I just want example after example.
- 27:49But that's going to take quite a bit of time.
- 27:50Yeah.
- 27:51But that would be my goal.
- 27:51It's like everyone wants in, but you got to pass a million.
- 27:54And once you're in, it's just like this, like, I don't want to call it hazing.
- 27:58But there's like this process of like everyone just pushes you to become a better leader.
- 28:01And there's so much peer pressure to become the certain individual that is required to build an eight-figure base.
- 28:07I respect that.
- 28:08So then the question is to go, I guess, be the antithesis of the clip, which is like the Illuminati of home services is like, why do you just does that?
- 28:19That's just your mission.
- 28:19That's just your vision.
- 28:20Like, I know you on a personal level, but like this is the platform.
- 28:22This is the unfiltered.
- 28:23Like, why?
- 28:24Why do you care about someone going from 2 million to 12 million?
- 28:27because I know that there's just as much pain when I hit three and four million and had to change as a leader as when I was doing seven, eight hundred thousand, got caught underneath a dump truck and almost got cut out of business and was working eight hour weeks without any profit.
- 28:41There is just as much pain at three, four, five million dollars and wondering why can't I keep managers, why am I spending all this money on managers and they don't stick and not having the awareness or the people around me to point out, oh, it's because of the way you talk.
- 28:54It's because you said this to them.
- 28:56It's because when they said this, you said this.
- 28:59And no one feels bad for that person.
- 29:02And I know it's like to feel that and feel so stressed out and feel that pain.
- 29:06And so I've always talked about like what drives so much of my content is talking to 18 and 20 year old version of myself.
- 29:1118 year old being starting the business and leaving the medical field.
- 29:16And like that.
- 29:17separation that's required to start.
- 29:19Then at 21, realizing I had no systems, the business was broken and I had to fundamentally change it.
- 29:24And I believe that there's this third avatar that I will start to talk to more, especially in this group.
- 29:30And that is the three to four, $5 million revenue that I was at.
- 29:34And just wondering what is this invisible hand pushing me down and realizing eventually that it was me and the way I communicated and the way that I led.
- 29:42And by no means am I perfect and everyone needs to have a certain style.
- 29:45And there's
- 29:47wide variety of styles that work, but understanding what universal principles of leadership actually keep you from growing a bigger business and keeping good people and attracting great talent and building a vision that is vivid enough for your team to be able to fit their dreams inside of.
- 30:03Those are things that are foreign to me and no one else was gonna point that out to me because I had a bigger business than everyone else around me.
- 30:09And so...
- 30:11That would be like the long-term vision.
- 30:13Yeah, I love that.
- 30:14Fantastic.
- 30:15Well, let's pivot off of that.
- 30:16I had a couple other questions, but I think you answered 99.9% of them better than I could have primed them.
- 30:21So I want to talk sabbaticals.
- 30:25So you talked about this.
- 30:26Someone had to bring it up.
- 30:27I didn't want to, you know, I never want this to be a podcast where we talk about other podcasts.
- 30:32So it's not going to be that.
- 30:35Shout out you and Jonathan Petosian is talking about sabbaticals.
- 30:38So I actually need a couple years off.
- 30:40No, not at all.
- 30:41Not at all.
- 30:41No, I'm loving it.
- 30:43So I was like, first off,
- 30:45You know, let's go Alex Ramosi.
- 30:46Let's define what sabbatical is.
- 30:48So the definition that I found, a useful definition of sabbatical, is that it is an intentional extended leave of absence from work, typically lasting between a month and a year.
- 30:56Unlike a standard vacation, its primary purpose is not just to rest, but for deep professional or personal development, such as studying, writing, traveling, and recovering from burnout.
- 31:04And it was traditionally associated with the clergy or pastors, as well as professors and universities that they could then...
- 31:11reinvest in their study, in their, you know, if you're in the clergy, your relationship with God, if you are a university professor to do a deep dive into your specific field, right?
- 31:22You take the time off from teaching or doing whatever to really just focus on your specific field.
- 31:26So I wanted to know, because you recently said this, not talking about specifically what you and Jonathan talked about.
- 31:32I want to extract something you said from the conversation.
- 31:34You said that you probably couldn't take a true 30 to 90 day sabbatical from your businesses until late 2028 at the earliest.
- 31:42Yeah.
- 31:43OK, well, I'm going to commit by the end of 2028 to take one.
- 31:47I think you should.
- 31:48Not this year, not 2027, but I can commit to the end of 2028.
- 31:51I'll take 30 days.
- 31:52All right.
- 31:54That's great.
- 31:55I think it would be fantastic.
- 31:57And I can't wait till the day I can ask you, what'd you get out of it or if it was a big giant waste of time?
- 32:03Why that timeline specifically?
- 32:06Like what was going through my head when I said that?
- 32:07Yeah.
- 32:08Is this C-Sweet unfiltered?
- 32:11But obviously, you know, you can't share too much.
- 32:14Okay.
- 32:14The honest truth is what I said.
- 32:19And that is like, I do feel guilty.
- 32:22But I would feel guilty doing that 100%, especially when I feel like right now I do not serve all of the people that support me to the level that I would feel comfortable enough to be able to step away from daily operations and grinding and pushing.
- 32:40And what I mean by that is not to take away from the leadership teams or the people that are doing the work.
- 32:45But the speed at which we'd move would slow down if I stepped away right now.
- 32:49And we still have that much time for me to catch up to the point where I feel like the sabbatical would be beneficial to the organization versus slowing it down.
- 32:59And especially around several elements of the businesses that I think that right now I cause some pain for our members and I need speed to compress that time frame of how much longer that it lasts.
- 33:15And I take that really seriously and I would not be able to relax.
- 33:18So it would almost be impossible, actually.
- 33:21And the counterpoint to that would be that maybe getting away would give me different perspectives to be able to solve the problems in a more efficient manner.
- 33:27That could be true.
- 33:31But I'm not ready to do that now.
- 33:35Can I go full Jack Neal here?
- 33:37Sure.
- 33:38I've been listening to some recent Jack Neal.
- 33:40I reject the premise.
- 33:42I heard you say that in a leadership meeting the other day.
- 33:44Really?
- 33:44Yes, I was in my office and I could hear you.
- 33:47I reject the premise.
- 33:47I was like, oh my goodness, someone's been listening to Alex too much.
- 33:50No, no, no.
- 33:51Jack Neal.
- 33:52And I'm going to ask it exactly how he would.
- 33:55You said causing pain.
- 33:58What pain are you causing to your team?
- 34:01Well, I wouldn't say to my team.
- 34:02I would say to my customers or to the people that support me.
- 34:07And so how I see it, and this could be wrong, is the people that are like, I have this vision and this mission of trying to change the industry or help home service business owners.
- 34:17In order to do that, I need money.
- 34:19And that money comes from my customers.
- 34:21And so to the degree that I care about the mission, I have to care about the customers in order to have the fuel that is required to get me there.
- 34:28And so if someone gives me money at a stage at which I feel like I am not yet deserving of it, I feel that there is this gap.
- 34:36And I can fill that gap by showing how much I care and how hard I am pushing towards the goal.
- 34:41Whether or not that is just a broken psychological thing in my brain is.
- 34:44is debatable, but I do feel that.
- 34:46And so there are certain things that I feel like I have done a good enough job, and I always am giving my best, but the actual end result, the product is good enough.
- 34:55There are other aspects that I feel like there are deficiencies that cause pain to the people that support me, and until they are quote, good enough, to where then I can step away and step back, kind of like if you're doing a molding, or you're doing a, what's it called, a sculpture.
- 35:09You've got to get to a certain point before you step back and start asking yourself, should I refine this?
- 35:13Should I adjust this?
- 35:14It's like, no, you've got to still whack out this huge chunk.
- 35:17Okay, let me focus on that, and then I'll step back, and I'll get more reflective about how I should fine-tune this.
- 35:23I'm not at the fine-tuning point perspective yet.
- 35:25And again, I could be flawed, and I could be wrong on this.
- 35:28I will never know if I'm wrong or not, but I need a year for my...
- 35:33Me to feel good enough stepping away to be able to get that reflective about the business because that is a luxury.
- 35:38And this is a key part that Jonathan said.
- 35:40He's like, what we're talking about right now is a luxury.
- 35:42This is awesome that we even get to talk about this.
- 35:45And I don't think I've achieved that level yet.
- 35:48So what has to be true than by late 2028?
- 35:52That isn't true today for you to be able to take that step.
- 35:54Should I say that?
- 35:55That's where like, yeah.
- 35:56And I'm not pressing you to share public information.
- 35:58I need my MPS scores on every department to a certain level.
- 36:00Okay, that's fair.
- 36:02No, don't ask me the next question.
- 36:04What is the number?
- 36:05No, no, no, no.
- 36:06That wasn't the next question.
- 36:07That wasn't the next question, I promise.
- 36:09That's fair.
- 36:10That's fair.
- 36:11Do you feel...
- 36:12Okay, let's just play devil's advocate because that's what you do on podcasts.
- 36:15Do you feel that an MPS score, albeit a metric that all businesses use to track customer success and satisfaction, do you believe that that is too...
- 36:28objective of a reason to take a sabbatical and you aren't taking in certain subjective elements like this leader on this team has just been crushing recently.
- 36:39And maybe something outside of NPS is so drastically positive that maybe the public doesn't see, maybe the customer doesn't see, but this leader could handle me being gone for 30 days.
- 36:49Like that's a subjective thing that maybe not is not impacting your NPS.
- 36:53Does that make sense?
- 36:53Oh, yeah.
- 36:54The reason I said 28 also is like I'm confident enough to know that if I did nothing for the next year, we would get there.
- 37:01Got it.
- 37:02I'm confident with our leadership and with the direction and where we're headed for all the current deficiencies that I see.
- 37:07We have the roadmap to get there.
- 37:09And if I did nothing, if I checked out today, we would have an MPS score over what I require in every department.
- 37:15To the roadmap set.
- 37:16Yes.
- 37:16And the leadership team is in place to make sure it executes well.
- 37:19So that's why I can confidently say by the end of 2020.
- 37:21So the deficiency is we just haven't hit certain goals yet.
- 37:24I want to get there faster.
- 37:25So how do we get there faster?
- 37:28I feel like that's still my role as a founder is to push to see where the areas are.
- 37:32Like all the little 2%, 1%, 5%, hey, this course correction here.
- 37:37I think we're all generally going the right direction to get there in 2028.
- 37:40But I think we can do it faster and more efficiently by me being still involved.
- 37:45I completely agree with that.
- 37:46And that's an interesting conversation that I had with Nick, because obviously we listen to the podcast and I was like, what do you think?
- 37:51What do you think?
- 37:51And so we're like going back and forth.
- 37:53And I don't want to I don't want to speak for him.
- 37:55But we differed slightly.
- 37:56Oh, really?
- 37:57Whereas he thought progress would almost stall.
- 38:00Really?
- 38:01And like I said, I don't want to speak for him.
- 38:03And I was like, but and I thought internally, I was like, but you've laid out a path for me and my goals.
- 38:07Yeah, I think I report.
- 38:08I report to you on a weekly basis.
- 38:10You check in.
- 38:10You want to know when things are right or wrong.
- 38:12Like you sent me a message the other day, like, hey, why is this invoice X, Y and Z?
- 38:16Like totally fine.
- 38:17Like that's your job as a CEO to check and make sure I'm doing certain things the way you want them done.
- 38:21But I also know what my 2026 goals are.
- 38:24I know what my 2027 goals are.
- 38:26So I felt that my specific performance might not stagnate.
- 38:31Maybe without you pushing, checking in, sending some, you know, either supportive messages or probing messages when you do would maybe hurt my motivation or maybe not allow me to get there as fast.
- 38:41So I agree with you on that.
- 38:43I think that we could still get to certain goals just looking at my department.
- 38:47But I do think you being involved and like being that driving factor, that push, that motivator, that counterpoint to whatever we're doing is important.
- 38:55So, yeah, I think Nick underestimates his ability to be self-reflective.
- 38:58Nick, you're really good at your job.
- 39:00Because he is.
- 39:00He is.
- 39:01Actually, that's one of his strengths is being self-reflective and then like critiquing himself.
- 39:06And he he also has that roadmap.
- 39:08And if he executes on it, like it'll be really good.
- 39:10All the stuff he's doing for coaching.
- 39:12And so part of that, though, is like you've been in your role for four or five years for this would be four years.
- 39:17Like, right.
- 39:17I think he's fall to.
- 39:18Yeah.
- 39:19Yeah, so part of it is like having a tracker of knowing okay, I have I've improved at this rate over the course of time And so I think Nick is really starting to escalate house how fast he is improving his department and I think underestimates just how how good he is at his job.
- 39:34He's really good at his job.
- 39:35Like
- 39:35Really good.
- 39:36And that's what I try to share with him.
- 39:38I was like, but you know what you're doing and you're developing stuff.
- 39:40Mike isn't looking over your shoulder developing this stuff.
- 39:43You're checking in with him and making sure it's going the way he wants it as the CEO.
- 39:47But you still know the roadmap.
- 39:49I feel like also when...
- 39:51I'd say a few years ago, you and I were really hands on and stuff in sales, for example.
- 39:55And so you probably would have felt like the dependency a little bit more.
- 39:58And so more recently with Nick, we have done the same thing with what he's doing.
- 40:01And so, but the roadmap's there.
- 40:03He will execute on it.
- 40:04He probably just feels like, oh, I will need that again.
- 40:07And yes, you will.
- 40:08But you will also be self-reflective enough to see what works and what doesn't and then be able to self-correct.
- 40:13Yeah.
- 40:15But his feedback loops with me have been tighter in his department than you and me.
- 40:19100%.
- 40:20Yeah, that's one of the things I've been thinking about recently.
- 40:23So I'll just take a deviation from the sabbatical.
- 40:26There's an element of... And I'll just be totally vulnerable unfiltered on the C-suite unfiltered.
- 40:32Is I don't have as much communication with you.
- 40:35And I'm like, does that mean it's a good thing or is that a bad thing?
- 40:38I'm like...
- 40:39Like, I don't know.
- 40:40But at times it's like, it is because you trust me that I'm doing my job.
- 40:43But then there's times where it's where I'm like, but you haven't checked in.
- 40:46So are you worried?
- 40:48Like, it's the classic, like, relationship.
- 40:50Like, they haven't texted me back.
- 40:52It's like, oh, they were just busy.
- 40:53Right.
- 40:54Like, they had a family emergency, whatever.
- 40:56And so I do see that point.
- 40:59But I also wonder if, like, other leaders would feel that way.
- 41:03And maybe, and this is not me speculating.
- 41:04I'm not thinking of any leaders.
- 41:05I just want to be very clear.
- 41:06Anyone on my team is listening.
- 41:07Yeah.
- 41:08Is it more so that you're like, just by being that driving factor, by being the coach, like you are the head coach, like you have put together the team of all stars.
- 41:16And I'm just using that term colloquially.
- 41:18You put together your team of all stars.
- 41:19You know, they know how to run, pass, catch, whatever, but you still are going to call the place.
- 41:23You're still going to check in.
- 41:24And you believe by you calling the place, you checking in, like, we'll just get to those goals faster.
- 41:29Yeah, I think the evolution I still have not done, and I think it'll happen in the next couple years, is going from player coach to coach on the sidelines to general manager and then in the owner's box.
- 41:40That's different, like a different progression.
- 41:43I feel like true owner's boxes, you're running a 50 million plus organization organization.
- 41:48in terms of revenue.
- 41:49I'd just say it was a very broad stroke.
- 41:51Everyone's like, I wanna be the owner working on my business.
- 41:53Like, well, you're running 300,000, like you're not there.
- 41:55And so I feel like there is still a lot of growth for me personally and in my leadership style to be able to be that person.
- 42:02But you also, the closer you get to the field, the more impact you can have faster.
- 42:05So the owner might wanna make a change, but it takes two years to reinvent the team.
- 42:09Whereas the coach down on the field can get that guy off the field, replace him right now.
- 42:15And so there's a faster feedback loop.
- 42:18And so the coach that's on the field can become an owner down the road, but they need to have usually more money.
- 42:25They need to have a little more credibility from a business perspective or whatever, but they have less feedback loops with the players.
- 42:32The actual result of the team's performance is, you know,
- 42:38impacted by the owner in longer term versus the coach in the field.
- 42:41And I'm still making that transition.
- 42:44And so I feel like there will be players when they're like, I really enjoyed seeing coach at every single practice.
- 42:50I really liked the coach pulling people off or doing the huddle.
- 42:52Like, well, that's going to change as –
- 42:55he moves into the owner's box.
- 42:56He's a little further away.
- 42:57He's still seeing every single game.
- 42:59He's still paying for everything.
- 43:01He's still looking at the very long-term vision.
- 43:03But I'm not at the point where I'm looking five, 10 years down the road every single day.
- 43:07I am still very much with the team.
- 43:09And there's always going to be pressure whenever someone goes from player coach to coach on the sidelines to general manager to owner's box.
- 43:17There's going to be a little bit of pressure and the team adjusting to that, I'd say.
- 43:21Yeah.
- 43:22Does when my candies hits a certain amount of net worth, does he become a minority owner of any professional sports team?
- 43:29I don't think so.
- 43:30No, I think if I ever do the sports team, I won't.
- 43:33I want to own the whole thing.
- 43:34Yeah.
- 43:34Fair.
- 43:35Which then you're talking multiple billions.
- 43:37Yeah.
- 43:38Yeah.
- 43:38Which we're getting there.
- 43:39That's what I'm saying.
- 43:40If I ever did, I would want the whole thing, which means we got to, you know.
- 43:44We got to keep going.
- 43:44Got to keep going.
- 43:45Yeah.
- 43:45We got to buy out Nintendo's share of the Mariners.
- 43:48All right.
- 43:49Last question for you.
- 43:50We will do not financial advice.
- 43:51We got to go quick here.
- 43:52But what would you define as a successful sabbatical for yourself?
- 43:56Like right now, if you took one, let's just do the hypothetical.
- 43:59You take one right now.
- 44:00I think the sabbatical to debate.
- 44:02Oh.
- 44:04Okay, continue what you're going to say.
- 44:06No, you take one right now.
- 44:07Let's just call it 30 days.
- 44:09Hypothetical, you're going for the next 30 days.
- 44:10Right now I'm doing it?
- 44:11Right, or later this year.
- 44:12Like, get out of the kind of busier season, call it winter before conference.
- 44:16Yeah.
- 44:16You take 30 days.
- 44:17What would you define as that successful being sabbatical once it was over?
- 44:21Like, what would you hope to achieve or have happened?
- 44:24I think if I didn't now, it'd be more personal.
- 44:26Like, I have done 12 years of just working.
- 44:31So, like, it'd probably be more personal.
- 44:33And, like, the potential side effects of, like, potential personal side effects of, like, getting through the phase of being agitated and stressed and feelings of guilt.
- 44:44Like, getting through that would probably be the biggest benefit now.
- 44:48I feel like there's going to be more benefit.
- 44:49Again, this is, like, that slippery slope.
- 44:50It's always going to get better.
- 44:51It's, like, I'm aware.
- 44:55I think if I looked down more like the 2028, the sabbatical would serve a purpose in the business, and that is it would be a physical separation of coach on field to coach in the owner's box.
- 45:06That would be the change, because when I come back, I have a very different perspective, and I'm completely removed from any of the daily operations.
- 45:14And I think that that's what I'm working towards, and when I do take the sabbatical, there'd be an intention behind it versus just personal improvement.
- 45:23Mm-hmm.
- 45:24Fantastic.
- 45:25Any non-financial advice for the people?
- 45:26Non-financial advice.
- 45:27I don't have any, dude.
- 45:29I'm trying to look around for inspiration.
- 45:30You're giving too much to JP.
- 45:32Yeah, I know.
- 45:32You're not saving him for our pod.
- 45:33It's fine.
- 45:34I've been out being promiscuous with my non-financial advice.
- 45:38Just putting it out there for anyone.
- 45:39Okay, here's some non-financial advice.
- 45:42If you're currently invested in the QQQ, i.e.
- 45:45the S&P 500, you want to look at your expense ratio.
- 45:50And I would rather have that lower.
- 45:53Because for example, you can have an actively traded fund, you might be paying 0.1 or 0.2% as your expense ratio, which means every year they take that out no matter what.
- 46:04If it goes up, it goes down, doesn't matter.
- 46:05They take that expense.
- 46:06That's the cost of managing the fund.
- 46:08For an index fund, it's usually pretty low because it's not actively traded.
- 46:13That being said, there's still expense because they've got to rejigger and rebalance things ever so often.
- 46:17Yeah.
- 46:17If you're invested in something like Vanguard or from Charles Schwab or whatever, that is tracking the S&P 500, look at your expense ratio.
- 46:24It could very well be 0.07 or 0.09% expense ratio, which is very low.
- 46:31But the IVV is the lowest expense ratio for the S&P 500 if you're investing into it.
- 46:37And I believe it's right now 0.03%.
- 46:40which technically speaking is less than half the expense compared to other funds, index funds.
- 46:46And so if you're just like, hey, I'm just passively putting money into the S&P 500.
- 46:49I have it on auto coming out of my account.
- 46:51Consider going to IVV, which is the ticker symbol for an index fund tracking the S&P 500.
- 46:58Not financial advice.
- 46:59Not financial advice.
- 46:59That's not financial advice.
- 47:00Not financial advice.
- 47:01All right, fair.
- 47:02So my not financial advice is I felt personally called out by a recent Alex Ramosi newsletter.
- 47:07So sometimes you got to read newsletters.
- 47:08Okay.
- 47:09Because like for all the newsletters you get, and I subscribe to four newsletters.
- 47:14I'm very specific.
- 47:15Yours, obviously.
- 47:16Duh.
- 47:17Duh.
- 47:17Duh.
- 47:18Alex Ramosi, because he just drops like one a week.
- 47:20Email faithful.
- 47:22Yes.
- 47:23Scott Calloway.
- 47:23Okay.
- 47:24He's a few too many from Scott, though.
- 47:27He's teetering.
- 47:28He's teetering.
- 47:29And then my coach, Mike Manzi.
- 47:30All right, right.
- 47:32But Alex had one recently about having a group.
- 47:35And one thing he shared that was really interesting, he said, shared methodology allows you to stay focused with zero decision fatigue or wasted time on other methodologies.
- 47:43Mm-hmm.
- 47:44Meaning like stay in your lane, stay hyper-focused on your lane and do the thing that will make you successful in that lane.
- 47:50Don't take in all these other opinions.
- 47:52And I think we all get distracted.
- 47:53We all want to try the new thing.
- 47:55And to your point, like I've been in this role for four years.
- 47:57So there are so many times I'm like, I should try this.
- 47:59I should do that.
- 48:00I should.
- 48:00It's like, just do the thing.
- 48:01Like, let's make a minor tweak.
- 48:03Like later today, we're making a very minor tweak.
- 48:05That's going to take an hour of your time.
- 48:06It's like to my sales philosophy.
- 48:08But I'm not like massively doing this like quarter long project that's going to drastically change sales.
- 48:12It's like just stay within the methodology that we know works.
- 48:15Stop looking at everything that doesn't work and have a group, i.e.
- 48:19if you're over a million in annual revenue.
- 48:21Yeah, that's right.
- 48:21Please join the Home Service Millionaire.
- 48:25That is a C-Suite of Filter.
- 48:26Thank you for your time.
- 48:27Like and subscribe.
- 48:28Let's go.